Tamarack Valley Energy Ltd T.TVE

Short Interest Increased

[Meeky]

Anyone know why there is so much short Interest in TVE? It just increased again by another 3 million to 22 million shares shorted. Is there going to be a short squeeze or are the recent acquisitions not that good? Even BTE only has 26 million shares shorted. Thoughts, Anyone?

[smocher]

Oil likely to pull back to $52 between now and beginning of driving season, then back above $60 and maybe 70 by Sept. JMO

[riski]

The short form prospectus issue that closes on Thursday was offered at $2.25 when TVE was trading at $2.38.  Whenever shares are issued below market, there are going to be people who have no interest in owning the company or may not have any interest in oil, but are happy to take free money by taking part in the issue and shorting the same number of shares at the higher market rate without